HUENAERTS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
HUENAERTS
Largest movements
- Tangible fixed assets -€10,455
down €10,455 (-15.0%), from €69,654 to €59,199
of which Furniture and vehicles: -€9,243
- Receivables within one year -€4,402
down €4,402 (-17.2%), from €25,563 to €21,161
- Deferred charges and accrued income -€3,252
down €3,252 (-66.9%), from €4,860 to €1,608
- Cash -€1,420
down €1,420 (-8.6%), from €16,452 to €15,032
mainly Net result for the year (-€30,909) and Investment in fixed assets (net) (-€2,950)
- Profit (loss) carried forward -€30,909
down €30,909 (-79.8%), from €38,751 to €7,842
- Trade debts +€5,208
up €5,208 (+373%), from €1,396 to €6,604
- Tax, wage and social debts +€3,145
up €3,145 (+48.2%), from €6,526 to €9,671
of which Remuneration and social security: +€1,650
- Accrued charges and deferred income +€2,100
new in 2025: €2,100
- Gross operating margin -€13,483
down €13,483, from €3,116 to -€10,367
- Depreciation +€9,824
up €9,824 (+274%), from €3,580 to €13,404
- Other operating charges +€3,122
up €3,122 (+86.5%), from €3,611 to €6,732
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,675 | €97,146 | -€19,528 | -16.7% |
| Fixed assets | 21/28 | €69,800 | €59,345 | -€10,455 | -15.0% |
| Tangible fixed assets | 22/27 | €69,654 | €59,199 | -€10,455 | -15.0% |
| Land and buildings | 22 | €16,763 | €15,807 | -€955 | -5.7% |
| Plant, machinery and equipment | 23 | €1,135 | €879 | -€256 | -22.6% |
| Furniture and vehicles | 24 | €51,757 | €42,513 | -€9,243 | -17.9% |
| Financial fixed assets | 28 | €146 | €146 | = | 0.0% |
| Current assets | 29/58 | €46,875 | €37,801 | -€9,074 | -19.4% |
| Amounts receivable within one year | 40/41 | €25,563 | €21,161 | -€4,402 | -17.2% |
| Trade receivables | 40 | €25,563 | €21,161 | -€4,402 | -17.2% |
| Cash at bank and in hand | 54/58 | €16,452 | €15,032 | -€1,420 | -8.6% |
| Deferred charges and accrued income | 490/1 | €4,860 | €1,608 | -€3,252 | -66.9% |
| Total equity and liabilities | 10/49 | €116,675 | €97,146 | -€19,528 | -16.7% |
| Equity | 10/15 | €107,452 | €76,543 | -€30,909 | -28.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €50,109 | €50,109 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €48,250 | €48,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,751 | €7,842 | -€30,909 | -79.8% |
| Amounts payable | 17/49 | €9,222 | €20,603 | +€11,381 | +123% |
| Amounts payable within one year | 42/48 | €9,222 | €18,503 | +€9,281 | +101% |
| Trade debts | 44 | €1,396 | €6,604 | +€5,208 | +373% |
| Suppliers | 440/4 | €1,396 | €6,604 | +€5,208 | +373% |
| Advances received on contracts in progress | 46 | €314 | €314 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,526 | €9,671 | +€3,145 | +48.2% |
| Taxes | 450/3 | €5,926 | €7,421 | +€1,495 | +25.2% |
| Remuneration and social security | 454/9 | €600 | €2,250 | +€1,650 | +275% |
| Other amounts payable | 47/48 | €986 | €1,914 | +€929 | +94.2% |
| Accrued charges and deferred income | 492/3 | - | €2,100 | +€2,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,580 | €13,404 | +€9,824 | +274% |
| Other operating charges | 640/8 | €3,611 | €6,732 | +€3,122 | +86.5% |
| Gross operating margin | 9900 | €3,116 | -€10,367 | -€13,483 | |
| Operating profit (loss) | 9901 | -€4,075 | -€30,504 | -€26,429 | -649% |
| Financial income | 75/76B | €70 | €55 | -€15 | -21.9% |
| Recurring financial income | 75 | €70 | €55 | -€15 | -21.9% |
| Financial charges | 65/66B | €155 | €95 | -€61 | -39.1% |
| Recurring financial charges | 65 | €155 | €95 | -€61 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,160 | -€30,544 | -€26,383 | -634% |
| Income taxes | 67/77 | €357 | €366 | +€9 | +2.6% |
| Profit (loss) for the period | 9904 | -€4,517 | -€30,909 | -€26,393 | -584% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,517 | -€30,909 | -€26,393 | -584% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.